The future of global polyurethane (PU) foam market looks good with opportunities in various
applications, such as building and construction, bedding and furniture, transportation, electrical and
electronics, footwear, and others. The global polyurethane foam market is expected to reach an
estimated $60.5 billion by 2022 and it is forecast to grow at a CAGR of 4.0% from 2017 to 2022.

The major growth drivers for this market are growth in bedding and furniture industry, high demand
of PU foam in building insulation for energy conservation and increasing automotive production.
In this market, building and construction, bedding and furniture, automotive and transportation,
electrical and electronics, and footwear are the major applications. On the basis of its
comprehensive research, Lucintel forecasts that bedding and furniture is expected to be the largest
market. The footwear segment is expected to show the highest growth rate during the forecast
period from 2017 to 2022.

Within the global polyurethane foam market, rigid foam, flexible foam, and spray foam are the
various types of polyurethane foam. Flexible foam is expected to remain the largest market by
value and volume, mainly driven by applications in different industries, such as furniture and
bedding, automotive interiors, packaging, textiles, and others due to its lightweight, durable,
resilient and energy absorption properties.

Asia Pacific is expected to remain the largest market and is also expected to witness above average
growth over the forecast period due to growth in end-use industries. Increasing construction
spending in countries, such as China, India, South Korea, and Indonesia is the major driver for the
growth.

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Scope and Features of This Report:

To make critical business, investment, or strategic decisions, you need timely useful information.

This market report fulfills this core need and is an indispensable reference guide for material
suppliers, product manufacturers, investors, executives, distributors, and more that operate in this
market. Some of the features and scope of this report include the following: